Red Bay, AL · Cert 50 · Independent Bancshares Employee STK Ownership Plan
State charter, non-member · FDIC · 5 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets (n=581 to 629). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
10
Asset Quality
55
Profitability
74
Liquidity
77
Efficiency
53
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Red Bay, AL · Cert 50 · Independent Bancshares Employee STK Ownership Plan
State charter, non-member · FDIC · 5 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.14% | 1.16% | 1.87% | 1.52% | 1.43% | 1.37% | 1.07% | 1.16% | -36 bps | |
| Return on Equity | 16.08% | 16.42% | 26.52% | 21.21% | 19.42% | 18.31% | 13.31% | 14.33% | -688 bps | |
| Net Interest Margin | 3.72% | 3.73% | 4.02% | 4.11% | 4.17% | 4.20% | 4.32% | 4.30% | +19 bps | |
| Efficiency Ratio | 67.94% | 68.06% | 58.99% | 64.36% | 65.82% | 66.75% | 67.27% | 66.72% | +237 bps | |
| Non-Interest Burden | 2.19% | 2.23% | 1.58% | 2.15% | 2.33% | 2.44% | 2.67% | 2.63% | +48 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.72% | 3.10% | 6.80% | 3.57% | 3.62% | 5.17% | 6.22% | 7.64% | +407 bps | |
| Loan Growth (YoY) | 9.44% | 9.10% | 11.26% | 7.46% | 8.30% | 10.08% | 8.39% | 7.21% | -25 bps | |
| Deposit Growth (YoY) | 0.73% | 3.24% | 6.53% | 2.90% | 3.13% | 3.11% | 4.81% | 6.25% | +336 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.04% | 0.05% | 0.04% | 0.02% | 0.00% | 0.03% | 0.04% | 0.00% | -2 bps | |
| Net Charge-Offs / Loans | -0.13% | -0.08% | 0.05% | 0.02% | 0.02% | 0.02% | 0.54% | 0.34% | +31 bps | |
| Allowance / Loans | 1.35% | 1.33% | 1.31% | 1.30% | 1.31% | 1.31% | 1.27% | 1.29% | -1 bps | |
| Allowance Coverage of NPLs | 34.2x | 26.0x | 35.2x | 59.1x | 267.6x | 44.7x | 31.6x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.47% | 9.49% | 9.56% | 9.56% | 9.69% | 9.77% | 9.85% | 9.73% | +17 bps | |
| Total Risk-Based Capital | 9.47% | 9.49% | 9.56% | 9.56% | 9.69% | 9.77% | 9.85% | 9.73% | +17 bps | |
| Equity / Assets | 7.59% | 6.93% | 7.19% | 7.35% | 7.92% | 8.12% | 7.99% | 8.09% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.87% | 69.22% | 70.98% | 72.78% | 73.38% | 73.90% | 73.40% | 73.43% | +65 bps | |
| Liquid Assets / Assets | 8.64% | 7.83% | 6.57% | 5.66% | 5.54% | 5.78% | 7.62% | 7.60% | +195 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 187.11% | 180.93% | 184.58% | n/a | n/a | |
Red Bay, AL · Cert 50 · Peer group: banks under $1B in assets (n=581-629) · Independent Bancshares Employee STK Ownership Plan
State charter, non-member · FDIC · 5 branches
Q2 2026
Return on Assets
1.13%
Rank 265 of 629
Net Interest Margin
4.30%
Rank 99 of 629
Efficiency Ratio
66.72%
Rank 295 of 629
Equity / Assets
8.09%
Rank 548 of 629
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.13% | 0.60% | 1.01% | 1.45% | Beats 58% | 265 / 629 | ||
| Return on Equity | 14.03% | 5.38% | 9.30% | 13.28% | Beats 79% | 131 / 629 | ||
| Net Interest Margin | 4.30% | 3.03% | 3.54% | 4.05% | Beats 84% | 99 / 629 | ||
| Efficiency Ratio | 66.72% | 58.35% | 67.79% | 79.08% | Beats 53% | 295 / 629 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.00% | 0.09% | 0.46% | 1.20% | Beats 100% | 81 / 581 | ||
| Net Charge-Offs / Loans | 0.19% | n/a | 0.01% | 0.06% | Beats 9% | 529 / 581 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 9.73% | 11.24% | 13.84% | 18.77% | Beats 9% | 575 / 629 | ||
| Total Risk-Based Capital Ratio | 9.73% | 11.58% | 14.43% | 19.66% | Beats 8% | 577 / 629 | ||
| Equity / Assets | 8.09% | 9.09% | 10.65% | 13.80% | Beats 13% | 548 / 629 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 73.43% | 67.24% | 80.90% | 93.48% | 35th pctl | 384 / 594 | ||
| Loans / Assets | 66.01% | 53.31% | 67.71% | 78.15% | 46th pctl | 338 / 629 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||